Peru extended exploratory fishing for anchovy until the quota is filled, but the research fishery is expected to add little to global fishmeal supply. Chinese fishmeal prices held steady at elevated levels as port inventories declined and sellers resisted lowering offers, while buyers mostly made small, needs-based purchases.
The limited supply increase and falling inventories support fishmeal prices, although high prices are restraining near-term buying. Prices are expected to trade sideways in the short term.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.